Eredene Capital Plc.

Eredene Capital Plc.

Eredene Capital PLC is the U.K.-based infrastructure fund listed on the Alternative Investment Market (AIM) of the London Stock Exchange (ERE.L) with $100 million of capital for investment in India’s infrastructure projects and real estate development.

Eredene’s investment focus is primarily but not exclusively on logistics, distribution warehouses and port services. Current investment commitments total up to £51 million ($75 million), which represents 92% of the net funds Eredene raised in 2006.

The Eredene Group has made nine investments in India so far, which are at various stages of development, ranging from completion to revenue generation. Some of these investments are second round of investments with established and existing domestic partners.

Eredene was founded by Alastair King, the current Chief Executive, in February 2005 and went on to become the first property fund company for the Indian market to be quoted on AIM.

Eredene is supported by shareholders including GLG Partners LP, one of the leading global alternative asset managers; Caledonia & Cayzer Trust, the U.K. based investment trust; and Henderson Global Investors, one of Europe's largest investment managers with £49.5 billion ($73 billion) assets under management.